wiiw Forecast Reports

MONTENEGRO: Gradual growth deceleration expected


Goran Vukšić

in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 112-115

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In 2018, GDP is estimated to have grown by 4% and was mostly driven by surging investment and growing exports. Employment increased considerably, but unemployment still remains high. The high government debt burden represents the largest challenge for policy-makers, which pursue an ambitious fiscal consolidation plan. During 2019-2021, economic growth will gradually slow down with an average rate of around 2.2%. In 2019, the government started the Montenegro Citizenship by Investment Programme. 


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Montenegro